BandPay Joins Family of Supporters of Pensado’s Place, the Hub for Audio Pros

BandPay, the milestone-based payment platform, is announcing its recent deal to support Pensado’s Place, the popular YouTube channel for audio professionals. Led by Dave Pensado, it’s a hub for the audio engineering community. Continue reading “BandPay Joins Family of Supporters of Pensado’s Place, the Hub for Audio Pros”

BandPay Receives $2M Investment to Launch Creator-Oriented Payment Platform

BandPay, the payment platform designed to help creative collaborators come to and stick to agreements, is announcing $2 mil investment in its iOS and Android app launch.

“We’re honored to receive this investment from an angel investor, who sees the potential and value of BandPay and our related platform PAYMNT,” says BandPay co-founder and co-CEO Gleb Teper. “This is a crucial investment at an important time for our company.” Continue reading “BandPay Receives $2M Investment to Launch Creator-Oriented Payment Platform”

Bandpay Set for March 2020 Debut; Milestone-based Payment Platform Guarantees Trust Between Collaborators

A singer with a vision for a new single is looking for a producer. She asks around, finds a guy who’s a friend of a friend and sounds promising. They come to terms, she pays him–only to get ghosted. She’s got no track, and now she has to raise money from scratch, doubling the cost of the single.

This story and its like happen regularly to artists, managers, and other music professionals. “A shared scene or network implies trust, but that trust is too often broken, either explicitly or due to misunderstandings,” says DeCarlos Garrison, a music business veteran and serial tech entrepreneur. “I’ve experienced this problem first hand. We knew there was a way to solve it.”

The solution is Bandpay, a fully customizable payment platform that allows two parties to establish milestones in a project, assign payments to each milestone, and guarantee that funds are available to complete a transaction. Continue reading “Bandpay Set for March 2020 Debut; Milestone-based Payment Platform Guarantees Trust Between Collaborators”